For the next generation of homebuyers, there’s good reason so many are adding homeownership to their five-year plans. In a recent survey, 84% of current homeowners agreed that owning a home is still one of the best ways to build wealth in America. And now, that dream may soon come within reach for millions more.

According to the National Association of Realtors (NAR), if 30-year fixed mortgage rates drop to 6%, an estimated 5.5 million additional households—including 1.6 million renters—would suddenly be able to afford a median-priced single-family home.

“If rates were to hit that magic number, it’s likely 550,000 of those additional households would buy a home over the next 12 to 18 months.”
— NAR Economist

Why the “Magic Number” May Be Closer Than You Think

Right now, mortgage rates hover around 6.5%. But according to Polymarket, a prediction platform where investors wager on future economic events, there’s a strong probability the Federal Reserve will cut the Federal Funds Rate by 25 basis points in its next two meetings this fall.

If those cuts materialize, mortgage rates could soon hit the 6% threshold—unlocking affordability for millions of families. That shift could spur a wave of move-up buyers selling their current homes, while also opening the door for over a million first-time homebuyers to finally achieve their dream of ownership.

When the Magic Number Comes—Will You Be Ready?

In life, success doesn’t come only to those who deserve it, but to those who are prepared for it. When rates hit that magic number and affordability opens up, will you be positioned to take advantage?

That’s why we created OWN CA LIVE 2025 & Beyond—a weekly virtual seminar designed to help families break free from renting and step into homeownership. Our mission is simple: restore hope and trust in the American Dream by turning renters into confident owners, one family at a time.

✅ Whether you’re ready to buy now or preparing for the next 3 years, this is your chance to learn proven strategies, see real-life scenarios, and take your first step toward ownership.

👉 Register for OWN CA LIVE Here

Because the dream of owning a home isn’t dead. It’s waiting for you to claim it.

Sources: 
https://www.nar.realtor/magazine/real-estate-news/economy/what-mortgage-rate-will-get-more-buyers-moving